Preview

National Logistics Management

Good Essays
Open Document
Open Document
745 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
National Logistics Management
NATIONAL LOGISTICS MANAGEMENT
(Provide services to expedite premium freight to its customers!)

Introduction: In less than two decades National Logistics Management has already become one of the most successful and fast growing logistics companies of the USA. Despite increasing competition in logistics, NLM continues to adapt itself to the changing environment. Suffice to state just one fact: two years in a row ( in 2004 and 2005 respectively) - two reputable and well-known magazines- Inc. magazine and Start magazine recognized NLM as one of the most innovative and fast growing companies. Undoubtedly, the innovative strategy of providing cost-effective way to facilitate and expedite premium freight is behind the success of the company.
About the Company: * The company was founded in 1991 by Taylor, right from the start the company implemented an innovative approach- premium shipments were put by bid to the definite group of carriers. * The former had to respond quickly in order to receive the order. * Once several responses had been obtained the contract was awarded to the best bidder (the winner was determined by the number of factors: the price, the quality of the services provided and etc). * NLM tracked the status of the order until the goods had been delivered, keeping all parties informed. * Despite the obvious fact that this system was more convenient and more efficient, some carriers as well as plant managers were dissatisfied with it, but NLM took several steps to remedy the situation. * The company has maintained its approach since 1991. * The innovative strategy implemented by company has several important advantages: * Asset visibility (Transparency) * Ease of use * On-time delivery * Value (lower cost) * National Logistics Management (NLM), a third-party logistics company, is a successful, profitable business that provides a more cost-effective and efficient means to expedite premium freight.

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Distribution logistics is considered by SDM management as a key factor to maintain competitiveness and to grow in the future.…

    • 780 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    9. Bags of pretzels are sampled to ensure proper weight. The overall average for the samples is nine (9) ounces. Each sample contains 25 bags. The standard deviation is estimated to be three (3) ounces. The upper control chart limit (for 99.7% confidence) for the average would be____ounces.…

    • 1197 Words
    • 9 Pages
    Good Essays
  • Better Essays

    The transportation and logistics industry is a six hundred and seventy billion dollar a year industry according to SJ Consulting Group. A logistics company helps transport people, cargo, and merchandise, by land, or sea. It consists of many channels of transportation, which include freight trains, cargo ships, and planes. Logistics and transportation companies are an important part of everyday business and life. The need of exports and imports on an international scale can only happen through a transportation company. If a family decides to move cross-country or over seas, it is planned through a transportations company. What has made the difference in most popular logistics companies is the difference in their business models and what logistic purpose they are here to meet. Locally we have two carriers that are an everyday household name; lets understand the difference if any in there set up, and business matrix.…

    • 1057 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    References: Blanchard, D. (2009, July). The Dos and Don 'ts of Third-Party Logistics. Industry Week, 258(7), 43-44. Retrieved February 14, 2010, from ABI/INFORM Global. (Document ID: 1780053281).…

    • 2084 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    The factors that affect the performance of the logistics network are not static, i.e., they change over time. These factors include demand, product design, various costs in the logistics network, regulations, contracts, etc. The effects of these dynamics need to be evaluated periodically in order to determine whether the existing configuration is still satisfactory given the new operating environment.…

    • 2027 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Integrated Logistics

    • 584 Words
    • 3 Pages

    Yes, it appears that the performance cycle can be improved through the use of 25% and 15% suppliers. For example, Company 2 offers better service levels and less…

    • 584 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Logistics Case Study#2

    • 493 Words
    • 2 Pages

    uncertain , the company can buy that part in volume . This way , only that…

    • 493 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Advanced Logistics

    • 442 Words
    • 2 Pages

    What are the total costs given in the case for the option of moving via Syria?…

    • 442 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Integrated Logistics

    • 598 Words
    • 2 Pages

    Compound: A B E F A B C D A B E F C D…

    • 598 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Sent order acknowledgement to sales office to confirm accuracy before placing order in the production schedule.…

    • 575 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Third Party Logistics

    • 4775 Words
    • 20 Pages

    Third party logistics is an important and growing development within the transport industry. It can be viewed from two perspectives viz. operational point and strategic point.…

    • 4775 Words
    • 20 Pages
    Powerful Essays
  • Powerful Essays

    Contemporary Logistics

    • 290 Words
    • 7 Pages

    2. John J. Coyle, C. John Langley, Jr., Brian J. Gibson, Robert A. Novack, Edward J. Bardi (2011), Supply Chain Management: A Logistics Perspective, 8th Edition, Cengage Learning…

    • 290 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    References: Atkinson, Helen (2003), "British (and Dutch, German, and Swiss) Invasion," DC Velocity 1(15), 46-48. Bowersox, Donald J., David J. Closs, and Theodore P. Stank (2003), "How to Master Cross-Enterprise Collaboration," Supply Chain Management Review 7(4), 18-27. Demers, David and Priya Sathyanarayanan (2003), "Charting the Supply Chain DNA," Supply Chain Management Review 7(6), 48-55. Gooley, Toby B. (2002), "One-Stop Shopping: Shippers Want It: Can They Get It?" Logistics Management 41(5), 45, 47, 40-50. Lieb, Robert and Stephen Kendrick (2003), "The Year 2002 Survey: CEO Perspectives on the Current Status and Future Prospects of the Third-Party Logistics Industry in the United States," Transportation Journal, 42(3), 5-16. Lieb, Robert and John Miller (2002), "The Use of Third-Party Logistics Services by Large American Manufacturers, the 2000 Survey," International Journal of Logistics: Research and Applications, 5(1), 1-12.…

    • 5896 Words
    • 24 Pages
    Powerful Essays
  • Best Essays

    by Seyed-Mahmoud Aghazadeh Abstract The purpose of this article was to identify the steps that need to be taken when choosing an effective third party logistics provider. Based on the research completed, it was determined that third party logistics are beneficial to many companies. The use of third party logistics provides a competitive advantage in today’s business world. The optimal solution for a company choosing a third party logistic provider would be a five-step process. Introduction The intention of the research is to identify the most effective ways of choosing a third party logistics (TPL) provider. Logistics management consists of three core functions: transportation management, inventory management, and value added services. Third party logistics is defined as when a third party is brought in to help manage these functions. A TPL provider is an independent economic entity that creates value for its client. A trucking company, a warehouse operator, and a contract manufacturer can all be considered third parties. The TPL industry is constantly changing, although its existence is nothing new. The range of value propositions they offer today has changed dramatically in recent years. Global industry consolidation, technology integration, industry specialisation, and industry alliance networks have driven this change. TPL integrates expertise in transportation management, inventory management, and value added services. State of the art technology is a part of each of these functions. TPL create reliable distribution channels and thorough controls. TPL are highly efficient, and tap into highly specialised capabilities and functions that increase value for any company. TPL provide warehouse management, consolidate…

    • 3382 Words
    • 14 Pages
    Best Essays
  • Good Essays

    D.H.L Logistics

    • 578 Words
    • 3 Pages

    Originally founded in 1969 to deliver documents between San Francisco and Honolulu, the company expanded its service throughout the world by the late 1970s. The company was primarily interested in offshore and inter-continental deliveries, but the success of FedEx prompted their own intra-US expansion starting in 1983…

    • 578 Words
    • 3 Pages
    Good Essays